problem 1) Answer all the problems:

1) prepare down any five differences between management accounting and financial accounting.

2) What are the major objectives of financial statement?

3) How cash flow statement is different from fund flow statement.

4) prepare down the differnce between primary and secondary data.

5) Why fisher’s formula of correlation is called ideal.

problem 2) describe management accounting. What are its objectives and limitation of management accounting?

problem 3) What do you understand by dispersion?  Describe any two measures of dispersion.

problem 4) From the following data Compute mean, mode and median:

Marks                    0-5    5-10    10-15    15-20    20-25    25-30    30-35
No. of Students       7        13       18         30         20           4          1